Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.
After finishing at $26.55 in the prior trading day, Verint Systems, Inc (NASDAQ: VRNT) closed at $25.52, down -3.88%. In other words, the price has decreased by -$3.88 from its previous closing price. On the day, 0.62 million shares were traded. VRNT stock price reached its highest trading level at $26.65 during the session, while it also had its lowest trading level at $25.39.
Ratios:
Our goal is to gain a better understanding of VRNT by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.63 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.48. For the most recent quarter (mrq), Quick Ratio is recorded 1.28 and its Current Ratio is at 1.32. In the meantime, Its Debt-to-Equity ratio is 0.34 whereas as Long-Term Debt/Eq ratio is at 0.34.
On September 07, 2023, Evercore ISI Downgraded its rating to In-line which previously was Outperform and also lowered its target price recommendation from $50 to $28.
Jefferies Downgraded its Buy to Hold on January 05, 2023, whereas the target price for the stock was revised from $45 to $40.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 19 ’24 when MORIAH ELAN sold 35,556 shares for $27.72 per share. The transaction valued at 985,438 led to the insider holds 101,014 shares of the business.
FANTE PETER sold 16,233 shares of VRNT for $446,765 on Dec 19 ’24. The Chief Administrative Officer now owns 73,314 shares after completing the transaction at $27.52 per share. On Dec 18 ’24, another insider, Highlander Grant A, who serves as the Chief Financial Officer of the company, sold 12,880 shares for $29.25 each. As a result, the insider received 376,740 and left with 117,137 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, VRNT now has a Market Capitalization of 1589505536 and an Enterprise Value of 2288312832. As of this moment, Verint’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.89, and their Forward P/E ratio for the next fiscal year is 8.36. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.24. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.73 while its Price-to-Book (P/B) ratio in mrq is 1.81. Its current Enterprise Value per Revenue stands at 2.501 whereas that against EBITDA is 15.63.
Stock Price History:
Over the past 52 weeks, VRNT has reached a high of $38.17, while it has fallen to a 52-week low of $21.27. The 50-Day Moving Average of the stock is -0.80%, while the 200-Day Moving Average is calculated to be -12.58%.
Shares Statistics:
The stock has traded on average 862.40K shares per day over the past 3-months and 714210 shares per day over the last 10 days, according to various share statistics. A total of 62.28M shares are outstanding, with a floating share count of 61.25M. Insiders hold about 1.66% of the company’s shares, while institutions hold 100.06% stake in the company. Shares short for VRNT as of 1731628800 were 3619404 with a Short Ratio of 4.14, compared to 1728950400 on 3659643. Therefore, it implies a Short% of Shares Outstanding of 3619404 and a Short% of Float of 6.7299999999999995.